Trading mistakes

[dennisgorelik]

2021-02-23 12:12:39 - Bought 200 ABNB $183.7
Observed ABNB growth up to ~$206

2021-02-24 - Observed ABNB decline down to ~$180
Promised to myself to sell ABNB at ~$206

2021-02-25 - Made a lucky mistake of not selling ABNB at ~$206

2021-02-25 14:12:25 - SOLD -2 ABNB $210.40
Unfortunately, I confused selling option contracts (which I could sell only 2 on top of 200 ABNB shares) with selling underlying ABNB shares (which I had 200).

Now I realized the mistake, but ABNB is only at ~$204 now (in the afterhours).

I guess I should reevaluate what to do with the remaining 198 of ABNB on the following Monday...

Comments

[juan_gandhi]

Pretty good, congrats!

[dennisgorelik]

That ABNB price gain is nice, but I feel sloppy for not failing to sell the remaining 198 shares [when I could and wanted to sell them].

Long-term ABNB is a good stock to hold anyway, but my concern is that Monday may open with panic (~15% chance) and ABNB will drop a lot again.

Do you expect panic on Monday?

[juan_gandhi]

Right; anything could happen. My wife is now playing it too, and she has the same feeling about ABNB.

As to predictions, I'm totally clueless, of course. I got rid of all ABNB, and did not buy it when it went down.

[dennisgorelik]

My question is about your feeling of stock market overall, not ABNB specifically.

[juan_gandhi]

I'd say I'm scared, but well. Nothing's forever. Yes, I was not careful lately.

[dennisgorelik]

> I was not careful lately

Could it be that you were not careful several weeks ago, but back then market was more stable and delivered what you expected?
So you learned to keep being less careful, and when market turned into a mild bear market - it hurt you.

[juan_gandhi]

Right; I think that's what happened.

Typo

[dennisgorelik]

"I feel sloppy for not failing to sell the remaining 198 shares" -> "I feel sloppy for failing to sell the remaining 198 shares"